Florida / Miami-Dade County / South Miami

LocalFlare

South Miami

City, Miami-Dade County. Population 12,386 (2025), +3.1% on the prior year, +3.0% since 2020 Last updated 2026-10-04.

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BusinessFlare® GIS, live. 2.27 square miles of land inside the limits.

Population

2025
BEBR, April 1, 202512,386BusinessFlare® estimate, April 1, 202612,401Population, April 1, 1979 to 2025197913.8k high2025

BEBR's April 1, 2025 figure carried to April 1, 2026 at Miami-Dade County's growth rate of 0.71% a year, the annual rate in EDR's Demographic Estimating Conference county estimate for 2025 and medium projection for 2030, with the county's net new residents shared out to its places by their share of the county's net new residential units between the 2025 final and 2026 preliminary tax rolls.

Change since the prior year+3.1%2024 to 2025
Change since 2020+3.0%2020 to 2025
Census 202012,0262020

University of Florida Bureau of Economic and Business Research, Florida Estimates of Population, retrieved 2026-10-01; Florida Office of Economic and Demographic Research, Demographic Estimating Conference: Projections of Florida Population by County, with Estimates for the base year, retrieved 2026-10-04 | Population estimates

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Basis of the latest figureestimate2025

Population by year

April 1 of each year. Basis is census in a census year, otherwise BEBR's estimate.

YearPopulationBasisChange
202512,386estimate+3.1%
202412,018estimate+0.3%
202311,981estimate-0.9%
202212,090estimate+0.2%
202112,071estimate+0.4%
202012,026census-7.2%
201912,965estimate+2.4%
201812,664estimate+0.2%
201712,645estimate-2.1%
201612,912estimate-5.4%
201513,656estimate+0.2%
201413,623estimate-1.1%
201313,778estimate+1.5%
201213,576estimate+9.8%
201112,363estimate+6.1%
201011,657census+2.5%
200911,378estimate+1.7%
200811,183estimate+5.9%
200710,561estimate+0.3%
200610,528estimate-0.5%
200510,578estimate-2.9%
200410,891estimate+1.1%
200310,768estimate+0.1%
200210,759estimate+0.4%
200110,716estimate-0.2%
200010,741census+1.8%
199910,546estimate+0.3%
199810,518estimate0.0%
199710,521estimate-0.2%
199610,537estimate+0.1%
199510,527estimate+0.1%
199410,518estimate+1.1%
199310,407estimate-0.5%
199210,459estimate+0.1%
199110,449estimaten/a
198910,309estimate0.0%
198810,308estimate+0.2%
198710,286estimate-3.6%
198610,671estimate-0.7%
198510,742estimate-0.5%
198410,796estimate+0.7%
198310,719estimate-1.1%
198210,843estimate-1.7%
198111,029estimaten/a
197911,672estimaten/a

Labor force (county figures)

Aug 2026

County figures, no city estimate published by FloridaCommerce

Unemployment rate (Miami-Dade County)2.7%Unemployment rate, not seasonally adjusted, Aug 2016 to Aug 2026Aug 201611.9% highAug 2026
Labor force (Miami-Dade County)1,446,920Aug 2026
Employment (Miami-Dade County)1,408,294Aug 2026
Unemployed (Miami-Dade County)38,626Aug 2026
Rate a year earlier3.0%Aug 2025
Labor force, change on a year earlier+1.6%Aug 2026

US Bureau of Labor Statistics, Local Area Unemployment Statistics, retrieved 2026-10-01 | Labor force page

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Latest month is preliminaryyesAug 2026

Monthly, last three years

Not seasonally adjusted. The latest month may be preliminary.

MonthLabor forceEmployedUnemployedRate
Aug 20261,446,9201,408,29438,6262.7%
Jul 20261,431,8021,396,19335,6092.5%
Jun 20261,417,9281,375,94841,9803.0%
May 20261,413,5751,376,52337,0522.6%
Apr 20261,443,5511,398,90144,6503.1%
Mar 20261,450,2471,407,53942,7082.9%
Feb 20261,445,2491,405,19340,0562.8%
Jan 20261,423,3691,386,42536,9442.6%
Dec 20251,452,9311,417,53235,3992.4%
Nov 20251,446,1561,407,63238,5242.7%
Sep 20251,414,4611,373,02641,4352.9%
Aug 20251,424,5221,381,34043,1823.0%
Jul 20251,430,0501,388,44541,6052.9%
Jun 20251,420,4611,383,61736,8442.6%
May 20251,417,5261,381,12436,4022.6%
Apr 20251,432,6201,396,11436,5062.5%
Mar 20251,417,8361,379,57738,2592.7%
Feb 20251,435,1991,399,95135,2482.5%
Jan 20251,429,5101,395,22634,2842.4%
Dec 20241,431,7661,396,12535,6412.5%
Nov 20241,420,4161,384,18036,2362.6%
Oct 20241,433,7451,397,42236,3232.5%
Sep 20241,436,1791,400,86135,3182.5%
Aug 20241,435,8441,394,56841,2762.9%
Jul 20241,437,2271,396,28340,9442.8%
Jun 20241,432,6161,396,44636,1702.5%
May 20241,444,5191,411,35633,1632.3%
Apr 20241,436,4751,404,01832,4572.3%
Mar 20241,436,4481,402,97733,4712.3%
Feb 20241,447,9991,418,87829,1212.0%
Jan 20241,442,7621,416,16226,6001.8%
Dec 20231,433,9041,405,77928,1252.0%
Nov 20231,452,3531,425,76026,5931.8%
Oct 20231,424,9901,396,42628,5642.0%
Sep 20231,427,8141,400,21327,6011.9%
Aug 20231,423,6981,392,90930,7892.2%

Annual averages

YearLabor forceEmployedUnemployedRate
20251,429,2071,391,23537,9722.7%
20241,436,3331,401,60634,7272.4%
20231,423,4381,395,54927,8892.0%
20221,387,6601,350,18237,4782.7%
20211,328,4431,255,39673,0475.5%
20201,274,4421,173,365101,0777.9%
20191,378,8501,338,66740,1832.9%
20181,351,8711,302,06649,8053.7%
20171,348,5701,285,00663,5644.7%
20161,305,0691,234,41570,6545.4%
20151,293,3951,215,62477,7716.0%
20141,288,6931,205,70682,9876.4%
20131,266,0321,172,32493,7087.4%
20121,279,5531,179,61799,9367.8%
20111,259,3811,136,669122,7129.7%

Sales and visitor spending

12 months to Mar 2026
BusinessFlare® estimate, last 12 months$315.6M

Monthly series, visitor, resident and big ticket groups, chart and workbook with the pass. Get the pass / Sign in Wide error flag.

Pass holders: Get the pass / Sign in opens the pass page and brings you straight back here signed in; the monthly estimate then loads in this card.

Economic Census geographic area series, retail trade and accommodation and food services, 2017 and 2022, retrieved 2026-10-01; BusinessFlare® city-level sales and visitor spending estimate (method and error; the figures are Street Economics Pass data), retrieved 2026-10-04 | How the estimate is made

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BusinessFlare® estimate from public sources. The estimate anchors on the sales the US Census Bureau published for this place in the 2017 and 2022 Economic Census, for retail trade and for accommodation and food services, and moves them month by month with the county's sales tax returns by kind of business (Florida Department of Revenue Form 10). After the 2022 anchor the place's share of the county moves with the growth of its commercial property on the Department's 2026 tax roll, as submitted by the county property appraiser, by use code: stores, shopping centers, supermarkets and auto dealers for retail; restaurants, bars and hotels for accommodation and food. The three spending groups follow the county's kind code mix within each sector. Every place with both anchors was carried from 2017 to 2022 the same way and the landing on the 2022 Census figure is the published error.

A landing error over 25% carries a wide error flag. The error is published with every figure; an estimate is never shown without it. Rounded to the nearest hundred thousand dollars; the monthly series is pass data.

Statewide median error, 2017 to 2022 back-test15.7%2017 to 2022
Retail trade (NAICS 44-45): Census sales 2017$201M2017
Retail trade (NAICS 44-45): Census sales 2022$193M2022
Retail trade (NAICS 44-45): 2022 landing error44.9%2022
Accommodation and food services (NAICS 72): Census sales 2017$61.7M2017
Accommodation and food services (NAICS 72): Census sales 2022$79.4M2022
Accommodation and food services (NAICS 72): 2022 landing error12.7%2022

Economic Census anchors and the back-test

SectorCensus sales 2017Census sales 20222017 carried to 2022Landing error
Retail trade (NAICS 44-45)$201M$193M$279M44.9%
Accommodation and food services (NAICS 72)$61.7M$79.4M$89.4M12.7%
  • wide error: the 2017 carry-forward landed 45% from the 2022 Census figure for Retail trade (NAICS 44-45)

Tourist tax

May 2023
Collections, May 2023 (fiscal year 2023, the last month published)$85.1KTourist tax collections by month, Jun 2013 to May 2023; the series ends in May 2023, nothing published sinceJun 2013$96.6K highends May 2023Jul 2026

Miami-Dade County last published tourist tax collections by city for fiscal year 2023 and has not released a city breakdown since. This is the latest figure the county has made public.

Change on the same month a year earlier+30.0%May 2023
Last 12 months$922KMay 2023
Fiscal year to date$657KFY2023 to date (Oct 2022 to May 2023)

Miami-Dade County Tax Collector, convention and tourist tax collections by municipality, retrieved 2026-09-28 | Miami-Dade County tourist tax

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Monthly collections, last three years

MonthCollectionsChange
May 2023$85.1K+30.0%
Apr 2023$91.5K+1.7%
Mar 2023$96.6K+54.5%
Feb 2023$93.9K+76.4%
Jan 2023$79.7K+8.6%
Dec 2022$80.1K+11.9%
Nov 2022$78.1K+19.3%
Oct 2022$52.3K-13.4%
Sep 2022$57K-7.7%
Aug 2022$54.9K-26.6%
Jul 2022$72.9K-5.2%
Jun 2022$80.6K+36.6%
May 2022$65.4K+2.9%
Apr 2022$90K+31.5%
Mar 2022$62.5K+51.8%
Feb 2022$53.2K+10.3%
Jan 2022$73.4K+211.8%
Dec 2021$71.6K+61.9%
Nov 2021$65.4K+39.8%
Oct 2021$60.4K+66.8%
Sep 2021$61.8K+101.5%
Aug 2021$74.7K+180.2%
Jul 2021$76.9K+88.4%
Jun 2021$59K+133.9%
May 2021$63.6K+67.5%
Apr 2021$68.4K+104.6%
Mar 2021$41.2K-46.1%
Feb 2021$48.2K-18.1%
Jan 2021$23.5K-72.8%
Dec 2020$44.2K-38.5%
Nov 2020$46.8K-21.0%
Oct 2020$36.2K-41.9%
Sep 2020$30.7K-53.9%
Aug 2020$26.7K-56.8%
Jul 2020$40.8K-44.0%
Jun 2020$25.2K-66.0%

Fiscal years (October to September)

A fiscal year with months missing is marked partial.

Fiscal yearCollectionsMonths
FY2023$657K8partial
FY2022$807K12n/a
FY2021$644K12n/a
FY2020$610K12n/a
FY2019$861K12n/a
FY2018$850K12n/a
FY2017$778K12n/a
FY2016$707K12n/a
FY2015$677K12n/a
FY2014$716K12n/a
FY2013$682K12n/a
FY2012$696K12n/a
FY2011$604K12n/a
FY2010$564K12n/a
FY2009$610K12n/a
FY2008$599K12n/a
FY2007$568K12n/a
FY2006$472K12n/a
FY2005$383K12n/a
FY2004$339K12n/a
FY2003$280K12n/a
FY2002$179K12n/a
FY2001$156K12n/a
FY2000$145K12n/a
FY1999$148K12n/a
FY1998$133K12n/a
FY1997$121K12n/a
FY1996$104K12n/a
FY1995$120K12n/a
FY1994$119K12n/a
FY1993$151K12n/a
FY1992$11.3K10partial
FY1991$2.64K11partial
FY1990$3.28K11partial
FY1989$2.17K8partial

Business base

Aug 2026
Licensed food service, lodging and alcohol businesses162New licenses by month, Sep 2016 to Aug 2026Sep 20163 highAug 2026
Food service licenses67Aug 2026
Lodging licenses36Aug 2026
Alcoholic beverage licenses59Aug 2026
New licenses, last 12 months11Aug 2026
Establishments (ZIP basis)1,7132023
Employees, mid March (ZIP basis)21,9532023
Annual payroll (ZIP basis)$1.75B2023

County Business Patterns and ZIP Code Business Patterns, complete data files, retrieved 2026-10-01; Florida DBPR active licensure base files: public food service, public lodging and retail alcoholic beverage licenses, retrieved 2026-10-01 | Licenses

Licenses are placed inside the city limits by their geocoded address.

Establishments, employment and payroll are a ZIP code basis: ZIP codes 33143.

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Licenses by type

Counted licenses in DBPR's food service, lodging and alcoholic beverage files, placed by geocoded address.

License typeFileActive
2010-SEATfood60
2003-NAPTlodging32
2COPalcohol25
4COP-SFSalcohol13
2APSalcohol11
4COPalcohol6
2010-NOSTfood4
11Calcohol2
2014-MFDVfood2
2007-DWEL-SNGLlodging2
1APSalcohol1
3PSalcohol1
2015-VENDfood1
2003-TAPTlodging1
2007-DWEL-CLCTlodging1

ZIP Code Business Patterns, 2023

ZIP codes 33143: the ZIP codes whose Census internal point falls inside the city limits. A ZIP code crosses the limits, so this is a ZIP basis, not the city.

ZIP codeEstablishmentsEmployeesAnnual payroll
331431,71321,953$1.75B

Building permits

Aug 2026
Housing units permitted, last 12 months21Housing units permitted by month, Sep 2016 to Aug 2026Sep 2016320 highAug 2026
Change on the 12 months before+31.2%Aug 2026
Permit valuation, last 12 months$21.2MAug 2026
Units, latest month0Aug 2026
Single family units, last 12 months21Aug 2026
Units in buildings of 5 or more, last 12 months0Aug 2026
Units, latest annual table182025

US Census Bureau, Building Permits Survey, place and county residential permits, retrieved 2026-10-01 | Building permits

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Monthly, last three years

Residential permits as the Bureau publishes them; imputed months are the Bureau's imputations.

MonthUnits1 unit5 or moreValuation
Aug 2026000$0
Jul 2026110$350K
Jun 2026440$5.38M
May 2026220$1.55M
Apr 2026110$1.5M
Mar 2026110$1.5M
Feb 2026330$3.24M
Jan 2026330$1.83M
Dec 2025110$950K
Nov 2025330$3.62M
Oct 2025220$1.32M
Sep 2025000$0
Aug 2025110$800K
Jul 2025220$900K
Jun 2025000$0
May 2025110$1.15M
Apr 2025110$1.98M
Mar 2025330$6.23M
Feb 2025110$625K
Jan 2025330$2.63M
Dec 2024110$575K
Nov 2024220$2.5M
Oct 2024110$425K
Sep 2024000$0
Aug 2024220$3.33M
Jul 2024000$0
Jun 2024330$2.65M
May 2024000$0
Apr 2024330$1.5M
Mar 2024000$0
Feb 20243204316$80.9M
Jan 2024000$0
Dec 2023330$3.08M
Nov 2023330$3M
Oct 2023220$1.6M
Sep 20232491248$69.7M

Annual table

YearUnits1 unit5 or moreValuation
202518180$20.2M
202433216316$91.9M
202326517248$81M
202218715172$43.3M
2021321121$9.5M
202029920$8.2M
2019301020$8.7M
201813130$7.08M
201712120$6.55M
201622220$11.5M
2015330$1.16M
2014330$1.16M
2013550$1.94M
2012220$775K
2011330$1.16M

Property roll

2026 preliminary
Total just value$5.32B
Total taxable value (non school)$3.29B2026 preliminary
Total taxable value (school)$3.55B2026 preliminary
Just value, change on the prior roll+7.7%2025 final roll to 2026 preliminary
Taxable value (non school), change on the prior roll+10.2%2025 final roll to 2026 preliminary
Total just value, prior roll$4.94B2025 final roll
New construction value$146M2026 preliminary
Parcels4,6802026 preliminary

BusinessFlare® GIS, Amendment 3 Impact: Miami-Dade tax base under the $250K homestead exemption, retrieved 2026-10-03; Florida Department of Revenue, NAL tax roll (name, address, legal), 2026 preliminary and final as posted, retrieved 2026-10-04 | Amendment 3 impact map

Parcels are placed by Census block group through the Census Bureau's block assignment file; a parcel in a block group that straddles the limits is apportioned. Census 2010 block groups; 89% of the county's just value lies in a place. Medians are over the parcels whose block group lies mostly in the place. Qualified sales: the roll's own sale fields, qualification codes 01 and 02, improved, single parcel.

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Median single family just value$1.01M2026 preliminary
Qualified sales, last 12 months137Jun 2025 to May 2026
Median qualified sale price$922KJun 2025 to May 2026
Just value, residential$3.81B2026 preliminary
Just value, commercial$997M2026 preliminary
Just value, industrial$40.8M2026 preliminary
Just value, agricultural$10.3M2026 preliminary
Just value, vacant$119M2026 preliminary
Just value, institutional$120M2026 preliminary
Just value, government$159M2026 preliminary
Just value, other$59.1M2026 preliminary
Non school taxable base (Amendment 3 analysis)$3.3B2026 preliminary
Share of the tax base removed by Amendment 312.9%2026 preliminary
Millage change needed14.8%2026 preliminary
Homesteads2,3882026 preliminary
Homesteads taken to zero taxable value5952026 preliminary
Millage roll-back to hold revenue3.95 to 4.53472026 preliminary

Just value by use group

Department of Revenue land use codes grouped: residential 001 to 009, commercial 011 to 039, industrial 041 to 049, agricultural 050 to 069, vacant 000, 010, 040 and 070, institutional 071 to 079, government 080 to 089, other 090 to 099. Taxable is the non school taxable value. Just value change compares with the 2025 final roll, summed the same way.

Use groupParcelsJust valueTaxable (non school)New constructionResidential unitsJust value change
Residential3,740$3.81B$2.22B$28.2M5,262+5.6%
Commercial618$997M$879M$81.2Mn/a+17.7%
Industrial40$40.8M$35.6M$0n/a+8.8%
Agricultural3$10.3M$2.65M$10.4Kn/a+11.8%
Vacant203$119M$85.6M$20.1Kn/a-5.7%
Institutional22$120M$10.9M$0n/a+1.1%
Government37$159M$0$36.4Mn/a+26.8%
Other17$59.1M$48.6M$0n/a-1.5%

Housing

2020 to 2024 ACS
Housing units5,177Homeownership rate, 1990 to 2024199061.0% high2024
Occupied units4,7042020 to 2024 ACS
Vacant units4732020 to 2024 ACS
Owner occupied households2,8332020-2024 5-Year
Renter occupied households1,8712020-2024 5-Year
Homeownership rate60.2%2020 to 2024 ACS
Cost burdened households, all tenures (over 30% of income)43.9%2025
Cost burdened renter households68.7%2025

Shimberg Center for Housing Studies, Florida Housing Data Clearinghouse, retrieved 2026-10-01 | Housing data

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Severely cost burdened renters (over 50%)41.4%2025
Assisted housing developments5Assisted Housing Inventory
Assisted units624Assisted Housing Inventory
Median gross rent$1.76K2020 to 2024 ACS
Median single family sale price$1.23M2024

Cost burden by income, 2025

Households by the share of income spent on housing, Shimberg Center estimates for 2025.

TenureIncome (share of area median)30% or less30.1 to 50%Over 50%
All households30% AMI or less13897645
All households30.01-50% AMI89188513
All households50.01-80% AMI26239139
All households80.01-120% AMI37314119
All householdsGreater than 120% AMI1,9881954
Renters30% AMI or less9393529
Renters30.01-50% AMI44143422
Renters50.01-80% AMI14223019
Renters80.01-120% AMI561310
RentersGreater than 120% AMI398440
Owners30% AMI or less454116
Owners30.01-50% AMI454591
Owners50.01-80% AMI12016120
Owners80.01-120% AMI3171019
OwnersGreater than 120% AMI1,5901514

Single family sales by year

YearMedian priceSales
1996$154K123
1997$165K128
1998$165K164
1999$176K142
2000$200K179
2001$220K157
2002$276K161
2003$309K174
2004$350K186
2005$465K179
2006$562K143
2007$580K83
2008$454K70
2009$325K65
2010$362K83
2011$350K77
2012$360K99
2013$428K128
2014$435K139
2015$532K126

Assisted housing developments

Shimberg Center Assisted Housing Inventory.

DevelopmentAddressCityUnitsAssisted
Gallery at SoMi Parc5949 SW 68th StreetSouth Miami297252
Residences at SoMi Parc5961 SW 68th StreetSouth Miami172138
South Miami Gardens5960 SW 66th TerSouth Miami10646
South Miami Plaza6701 SW 62nd AvenueSouth Miami9797
Metro South Senior6101 Sunset DriveSouth Miami9191

Fiscal

Sep 2026
Half-cent sales tax, latest month$89.6KHalf-cent sales tax distributions by month, Oct 2016 to Sep 2026Oct 2016$128K highSep 2026
Half-cent sales tax, fiscal year to date$1.16MFY2026 to Sep 2026
Half-cent sales tax, last 12 months$1.16MSep 2026
Half-cent sales tax, change on the 12 months before-5.4%Sep 2026
State revenue sharing, latest month$39.8KSep 2026
State revenue sharing, fiscal year to date$480KFY2026 to Sep 2026
State revenue sharing, last 12 months$480KSep 2026
State revenue sharing, change on the 12 months before+1.2%Sep 2026

Florida Office of Economic and Demographic Research, Expenditures and Revenues Reported by Florida's County and Municipal Governments, retrieved 2026-10-01; Florida Department of Revenue, Revenue Confirmation Online, distributions to local governments, retrieved 2026-10-01; Florida Department of Financial Services, LOGERx local government Annual Financial Report data, long-term debt outstanding, retrieved 2026-10-04 | Distributions Annual financial report

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Total revenues$55.3MFY2024
Revenues, change on the year before+34.0%FY2024
Total expenditures$43.5MFY2024
Expenditures, change on the year before+32.8%FY2024
Revenues per resident$4.6KFY2024
Long-term debt outstanding at year end$3.9MFY2025
Long-term debt, change on the year before-19.7%FY2025

Half-cent sales tax, monthly distributions

As the Department of Revenue's ledger prints them; a blank month is a month with no line.

MonthDistributed
Sep 2026$89.6K
Aug 2026$92.8K
Jul 2026$95.6K
Jun 2026$97.7K
May 2026$108K
Apr 2026$92.7K
Mar 2026$99.9K
Feb 2026$115K
Jan 2026$95.6K
Dec 2025$92.5K
Nov 2025$92.2K
Oct 2025$86.1K
Sep 2025$98.7K
Aug 2025$97.5K
Jul 2025$102K
Jun 2025$105K
May 2025$112K
Apr 2025$103K
Mar 2025$96.3K
Feb 2025$118K
Jan 2025$104K
Dec 2024$97.1K
Nov 2024$94.8K
Oct 2024$93.6K
Sep 2024$94.2K
Aug 2024$93.8K
Jul 2024$105K
Jun 2024$108K
May 2024$115K
Apr 2024$105K
Mar 2024$103K
Feb 2024$121K
Jan 2024$105K
Dec 2023$102K
Nov 2023$101K
Oct 2023$98.7K

State revenue sharing, monthly distributions

As the Department of Revenue's ledger prints them; a blank month is a month with no line.

MonthDistributed
Sep 2026$39.8K
Aug 2026$39.8K
Jul 2026$39.8K
Jun 2026$39.3K
May 2026$39.3K
Apr 2026$39.3K
Mar 2026$39.3K
Feb 2026$39.3K
Jan 2026$39.3K
Dec 2025$41.7K
Nov 2025$41.7K
Oct 2025$41.7K
Sep 2025$42.8K
Aug 2025$42.8K
Jul 2025$42.8K
Jun 2025$37.7K
May 2025$37.7K
Apr 2025$37.7K
Mar 2025$37.7K
Feb 2025$37.7K
Jan 2025$37.7K
Dec 2024$37.7K
Nov 2024$41.1K
Oct 2024$41.1K
Sep 2024$41.1K
Aug 2024$41.1K
Jul 2024$41.1K
Jun 2024$42.2K
May 2024$42.2K
Apr 2024$42.2K
Mar 2024$42.2K
Feb 2024$42.2K
Jan 2024$42.2K
Dec 2023$42.2K
Nov 2023$42.2K
Oct 2023$42.2K

Long-term debt by fiscal year

Total long-term debt outstanding at fiscal year end, all funds, as the government reported it to the Department of Financial Services in its Annual Financial Report.

Fiscal yearDebt outstandingChange
FY2025$3.9M-19.7%
FY2024$4.86M-16.0%
FY2023$5.79M-13.3%
FY2022$6.68M-11.4%
FY2021$7.54M-9.8%
FY2020$8.36M-7.3%
FY2019$9.01M-8.1%
FY2018$9.81M-7.7%
FY2017$10.6M-6.6%
FY2016$11.4M-6.9%
FY2015$12.2M-5.0%
FY2014$12.9M-11.4%
FY2013$14.5Mn/a

Revenues by category, FY2024

Sum of the fund columns in EDR's workbook for this government.

CategoryFY2024FY2023Change
General Government Taxes$14.1M$13.1M+7.8%
Permits, Fees, and Special Assessments$5.75M$4.92M+16.8%
Intergovernmental Revenues$2.78M$2.9M-4.2%
Charges for Services$5.76M$5.78M-0.2%
Judgments, Fines, and Forfeits$1.16M$1.62M-28.3%
Miscellaneous Revenues$16.7M$8.79M+89.8%
Other Sources$9.04M$4.15M+117.8%
Taxesn/an/an/a
Intergovernmental Revenuen/an/an/a
Permits and Franchise Feesn/an/an/a

Expenditures by category, FY2024

Sum of the fund columns in EDR's workbook for this government.

CategoryFY2024FY2023Change
General Government Services (Not Court-Related)$13M$11.8M+10.7%
Public Safety$10.1M$9.19M+10.4%
Physical Environment$1.98M$1.75M+13.2%
Transportation$2.57M$2.14M+19.9%
Culture / Recreation$6.7M$3.86M+73.7%
Other Uses and Non-Operating$9.04M$4.03M+124.6%
Economic Environmentn/an/an/a
Human Servicesn/an/an/a
Other Usesn/an/an/a

Bank deposits

June 30, 2026
Deposits (offices reporting this city)$812MDeposits, June 30 each year, 1994 to 20261994$1.03B high2026
Change on a year earlier+7.3%June 30, 2026
Change, real+3.8%June 30, 2026
Branches4June 30, 2026
Institutions4June 30, 2026
Branches opened since the survey a year earlier0June 30, 2026
Branches closed since the survey a year earlier0June 30, 2026

FDIC Summary of Deposits, Florida offices, every June 30 since 1994, retrieved 2026-10-01 | Bank deposits

Offices whose reported city is South Miami.

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Offices, June 30, 2026

Deposits as each office reports them to the FDIC; the city is the one the bank reports, not a municipal boundary.

InstitutionBranchAddressCityDeposits
United Community BankFl-South Miami- Sunset Drive Branch5880 Sunset DrSouth Miami$474M
Grove Bank & TrustSouth Miami Branch6400 S Dixie HwySouth Miami$181M
BankUnited, National AssociationSouth Miami Plaza Branch6300 S Dixie HwySouth Miami$101M
First-Citizens Bank & Trust CompanySouth Miami Branch7301 Sw 57th Ct, Ste 150South Miami$56.4M

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